At minimum, subsection (c) of this rule requires an advertisement placed by a license holder must "clearly and conspicuously contain the name of the broker, either a business entity or an individual."

Most redeemable state, the lien holder has no right to the property except TX.GA has a 20% penalty for the first year instead of interest, additional 10% year after.

What you are talking about is 2 separate financial closings on this property, where you will be the deed holder in both transactions. 

The seismology experts had never heard of the note holder's classification system. 

A certificate of insurance is something that the contractor should have their insurer provide to you durectly, with you being named as certificate holder.

You'll have to spend time making sure property notice was given to subordinate lien holders. 

Originally posted by "FloridaREOagent":banks have a legal obligation to refund to the original homeowner all excess proceeds from the actual foreclosure auction (after paying off any junior lien holders).And yes, in every state that I'm aware of, the previous mortgagor would be entitled to the surplus proceeds from the foreclosure auction.For Clarification,the original homeowner is entitled to surplus proceeds from the Foreclosure Auction, not the sale to come later-on after the property is REO.FloridaREOagent,Good to have you on board.Your posts (the quote above and prior) are creating confusion.

If you qualify, approach existing holder of seller carry back note (hopefully there’s no pre-pay penalty). 

Whose name or entity is going to be the holder of the deed? 

A lot of hood houses look great on paper, but the cashflow is false by the time turnover, theft and damage avg in.As a long term buy and holder, I don't need tons of equity at the buy as long as it's a good asset in a good area.